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Singapore's business elite honoured at SBR International Business Awards, National Business Awards 2024

Singapore's business elite honoured at SBR International Business Awards, National Business Awards 2024
sbr.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbr.com.sg Daily Mail and Mail on Sunday newspapers.

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Malaysia: Etiqa entities post stable consolidated financial results

Malaysia-based Maybank Ageas Holdings Berhad's (MAHB) core operating entities-known collectively as Etiqa entities-have posted a stable financial performance on a consolidated basis, says Fitch Ratings.

Takaful berhadGroup credit profileAgeas insurance internationalEtiqa insurance pte ltdFavourable company profileGeneral insurance berhadLife insurance berhadGeneral takaful berhadFamily takaful berhadInsurance pte ltdInsurer financial strengthVery strongMost favourableMalayan bankingFitch prism modelExtremely strong

"Extend or pay" provisions are sometimes used in construction performance bonds and bank guarantees as a way of ensuring that performance security is provided for the period it is.

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